Tech Earnings Disappoint, Bitcoin Stocks See Pre-Market Recovery

The recent earnings reports have cast a shadow over technology sectors linked to artificial intelligence, particularly impacting companies like IREN and Amazon. As these firms grapple with lower-than-expected financial results, investors are feeling uneasy.

In contrast, the sentiment surrounding cryptocurrencies has taken a positive turn, especially with bitcoin exhibiting signs of resilience. This has led to a notable rebound in stocks associated with digital currency in pre-market trading hours, giving investors a glimmer of hope amid the tech sector's struggles.